Operating from Saint Vincent and the Grenadines, FXPremax is an online financial trading broker that offers forex, cryptocurrencies, CFDs, and other financial markets for trading via the MetaTrader 4 trading platform. Traders are provided with a selection of trading and learning materials to ensure a smooth trading experience. There are multiple trading account options with a minimum deposit requirement of $1, while leverage of up to 1:1000 is available.
FXPremax Review Introduction
In this FXPremax review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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FXPremax Platforms & Tools
Traders are allowed to trade the offered assets using the MT4 trading platform. It is a popular trading platform amongst forex and CFD traders, and it is built with a wide range of useful trading tools and capabilities, including support for automated trading using expert advisors, one-click trading functionality, multiple charts, and more. The platform is available as a desktop application for Windows and Mac computers and a web trading version that can run directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge, without the need for downloading and installing any application.
There is also a mobile app that is developed for Android and iOS devices and can be downloaded from the relevant app stores. The mobile apps help you to access your trading account on the go. You can place a trade and manage trading positions from anywhere once you have an internet connection.
Traders also benefit from several standalone trading tools, such as forex calculator, market analysis, copy trading tools, and an economic calendar that shows the scheduled market events and their expected impacts on the financial markets
FXPremax Research & Education
The broker provides clients with multiple educational materials that are aimed at improving their trading expertise whilst keeping them updated on the latest happenings in the financial markets. Those materials can be seen in the ‘Useful Information’ section, containing articles, trading guides, trading academy, tutorial videos, and more.
FXPremax Trading Accounts
Clients can choose the account type that best suits their trading needs from a choice of four trading account types, namely: Micro STP, Standard STP, Standard Fixed, and ECN Accounts. The accounts offer low spreads and have maximum leverage capped at 1:1000.
FXPremax Account Funding
The following payment methods are available at FXPremax for both account deposits and withdrawals: bank wire transfer, credit/debit cards, and online payment processors. Please note that some payment methods may not be available in specific countries, and the time taken to process the transactions depends on the payment method used.
FXPremax Customer Service
The broker provides traders with a professional-client support team to respond to their trading inquiries. They can be reached through the following contact channels: telephone, email, Webchat, and social media.
The broker is regulated by the Financial Services Authority of Saint Vincent and the Grenadines with the registration number: SVGFSA 2193 IBC 2014.
FXPremax Review Summary
FXPremax is an online trading broker that provides traders with a suitable trading environment and resources for trading several financial markets. Trades are executed on the MT4 trading platform, and there are some trading and learning tools to help. Traders are offered a choice of different trading account options with a minimum deposit requirement of $1, while leverage of up to 1:1000 is available.
It is worth mentioning that some of the trading products and services in this FXPremax review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the FXPremax broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.